Strict management for steel, avoid cheating
Conclusion for investigation case of imported plated steel | |
Will seek the way to block imported steel | |
Vietnam sets new tariffs on imported steel |
The safe-guard taxes rate for steel billets was 21.3% from 22th March 2017 to 21th March 2018. Photo: Phan Thu |
The reason to strengthen the management of imported steel has come from the reflection of the Vietnam Steel Association about evasion of tax for imported steel by declaring wrong code.
In order to promptly prevent trade frauds, the General Department of Customs shall request the local Customs departments to strictly comply with the provisions on the sampling, analysis, appraise and physical inspection and quality certification of imported steel. At the same time, closely supervise the sampling for appraisal and specialized inspection, not to let the sample be sent for analysis and inspection which are not real imported goods.
Customs authorities should conduct to re-sample for analyzing and inspecting imported steel which have sign of error in specialized inspection or examination results. Then, report to the General Department of Customs for these cases, in that clearly stating signs, reasons and proposed implementation plan.
Furthermore, organizing to regularly monitor and inspect Customs officers assigned to perform the above tasks, to adjust and strictly handle officials and civil servants who failed to comply with the regulations.
According to Decision No.2688 / QD-BCT dated 18/7/2012 of the Ministry of Industry and Trade on the application of safeguard measures, the rate of self-assessment for steel billets is 23.3% and for long steel 15.4% (until 21/3/2016). However, by following the import situation, the Vietnam Steel Association noticed the phenomenon of tax evasion by declaring a changed HS code not subject to be taxed.
Tax evasion of safeguard through import of steel VCN- In order to tackle problems of tax evasion of safeguard for imported steel by changing tax ... |
According to Decision 2968 / QD-BCT, tariff quotas for steel billets and long steels are 21.3% and 13.9%, respectively, from 22/3/2017 to 21/3/2018.
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